Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = -0.45 x +49 x³ - 1,086 x² + 157,924. What is the point of diminishing returns? Round to the nearest dollar. $

Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x thousand on advertising, as given by N(x) = -0.45 x +49 x³ - 1,086 x² + 157,924. What is the point of diminishing returns? Round to the nearest dollar. $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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from Profit = 144X – 3X² – XY – 2Y² + 120Y – 35 to get the Marginal profit of X = d(Profit)/dX X = 144 - 6X - Y show the complete solution